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Sale: Party Gaming PLC PDF Print E-mail
Written by Ben Dixon   
Saturday, 20 February 2010

Security sold from the Money? What Money? investment portfolio:

Company Name: Party Gaming PLC
Symbol: PRTY
First Held: 5th November 2009
Holding Sold: 100%
Date Sold: 19th February 2010
Purchase Price:
224.5 pence
Sale Price:
291.145 pence
Profit: 30%

Party Gaming performed in line with expectations, benefiting (probably) from the gradual realisation of the market that the sale by  founder of a substantial share holding was not indicative of problems within the company. A sale was made at slightly below our original target price of 300p due to a decision made to re-organise our portfolio.
 
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Portfolio:
HSBA.L
Price: 654.40 Pence
Value: 97.74 %.
ITM.L
Price: 29.00 Pence
Value: 94.27 %.
RBS.L
Price: 46.62 Pence
Value: 77.99 %.
MWA.L
Price: 9.464 Pence
Value: 69.77 %.
WATR.L
Price: 62.00 Pence
Value: 4.11 %.

Portfolio Value: 85.62%

a return of

-6.36% below the FTSE